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$899,000

Beds
2
Baths
1.75
sq ft
1,216

201 Ocean Ave Unit 910P, Santa Monica, CA 90402

201 Ocean Ave Unit 910P

Santa Monica, CA 90402

  • 276 days on market
    • Price drop $91,000↓
Incredible Price Reduction! Seller says Sell! Sensationally priced, Gorgeous, 2 Bedroom, 2 Bathroom View home at the extraordinary Ocean Towers, Santa Monica's most coveted address and Ocean Avenue's only full-Service, full-Amenity building offering a world-class lifestyle. This exquisite home has been completely and impeccably remodeled with Wide Plank Wood Floors throughout, stunning Kitchen and Bathrooms with Quartz countertops and top-of-the-line Stainless Steel Appliances, Hi-end Fixtures and Finishes and gorgeous Lighting and Window Treatments. Massive floor to ceiling Windows invite magnificent Views from every square inch of this fabulous home, including the deluxe Master Suite with large Walk-in Closet. Enjoy impeccable Service, 24 hour Valet, Doormen, and Concierge. Stay fit in the state-of-the-art Fitness Center overlooking the pool and spa, entertain in the Community Center, or simply unwind on the oversized Terrace while taking in the breathtaking views. Moments to Montana Avenue's fine Dining and Boutiques and just across the street from Palisades Park, the crystal blue Ocean and white sandy Beaches.

Details

Property type

Stock Cooperative

Est. home value

$1,219,857

Property condition

Updated/Remodeled

Lot size

0.8866 acres

Price per sq ft

$740

Year built

1971

Monthly HOA fee

$1,773.5

Price History

10/02/2024
CLAW

CLAW #24354199

Price change
$899,000
-9.19%
08/29/2024
CLAW

CLAW #24354199

Price change
$990,000
-10%
07/29/2024
CLAW

CLAW #24354199

Price change
$1,100,000
-4.26%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Santa Monica-Malibu Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ocean Towers Housing Corporation

Loan start date

October 2022

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

5.89%

Loan type

Commercial

Seller

John Spahi and Ascar Family Trust

Lender

The Protect Our Communities Foundation

Loan start date

December 2019

Original loan amount

$715,000

Est. remaining balance

Not provided

Interest rate

3.78%

Loan type

Commercial, 2 year

Seller

John Spahi and The Horizon Trust

Lender

Ocean Towers Housing Corporation

Loan start date

June 2012

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

3.88%

Loan type

Not Provided

Seller

John Spahi and Horizon Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/05/2024 at 3:25 AM

Listing updated: 10/09/2024 at 12:08 PM

Listed by: Nili Hudson, Compass Phone #: (310) 820-0195

MLS: CLAW #24354199

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